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UEMOA financial market: Senegal receives 38.500 billion FCFA in treasury bonds

27/11/2023
Source : ORISHAS FINANCE
Categories: Index/Markets

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A la fin de la semaine dernière, la Senegal's General Directorate of Treasury and Public Accounting (DGTCP) received the sum of 38.500 billion FCFA from the financial market of UEMOA. This was the result of a targeted auction of equivalent treasury bonds (BAT) lasting 28 days, in order to meet the financing needs of the State budget

.

La Directorate General of the Treasury and Public Accounts (DGTCP) has set auctioning an amount of 35 billion FCFA. It obtained total tenders of 56.250 billion FCFA, representing a coverage rate of 160.80% for the amount put up for auction. The amount of accepted tenders was 38.500 billion FCFA and that rejected was 17.780 billion FCFA, representing an absorption rate of

68.41%.
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